Bupa Arabia approves 15% dividend for FY18

01/07/2019 Argaam

Bupa Arabia For Cooperative Insurance Co.’s general assembly approved a 15 percent cash dividend for the fiscal year 2018, at SAR 1.5 per share, amounting to SAR 180 million.

 

Shareholders also approved the financial statements, board and auditor report for fiscal year 2018, the insurer said in a statement to Tadawul.

 

Dividend Details (FY 2018)

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 180 mln

Percentage of capital

15% (SAR 1.5 per share)

Record date

June 30, 2019

Payment date

Within  15 days of the general assembly meeting

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